Northern Spirit Resources Inc. Announces Debt Settlement for Shares
21 Diciembre 2010 - 3:46PM
Marketwired Canada
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Richard Boyd, CEO of Northern Spirit Resources Inc. (TSX VENTURE:NS) (the
"Corporation"), announces that the Corporation has received TSXV Exchange
approval and has settled an arms length trade debt by part cash and the issuance
of 391,000 common shares at a deemed price of $0.15 each. Such shares will have
a hold period of 4 months and a day.
WARNING: the Corporation relies upon litigation protection for "forward looking"
statements. The information in this release may contain forward-looking
information under applicable securities laws. This forward-looking information
is subject to known and unknown risks, uncertainties and other factors that may
cause actual results to differ materially from those implied by the
forward-looking information. Factors that may cause actual results to vary
material include, but are not limited to, inaccurate assumptions concerning the
exploration for and development of mineral deposits, currency fluctuations,
unanticipated operational or technical difficulties, changes in laws or
regulations, the risks of obtaining necessary licenses and permits, changes in
general economic conditions or conditions in the financial markets and the
inability to raise additional financing. Readers are cautioned not to place
undue reliance on this forward-looking information. The Corporation does not
assume the obligation to revise or update this forward-looking information after
the date of this release or to revise such information to reflect the occurrence
of future unanticipated events, except as may be required under applicable
securities laws.
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